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20110701
20110731
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and that could seem like a big hit, but close to 97 points today, but obviously celebrated by day's end but with the losses here, we are battling reaction to not only no progress on talks in washington, but not much good news on the economy, in general, with more indications of that from a hot -- host of companies including merck laying off 13,000. and at 6:00 p.m. eastern, we are waiting for two hours when the house of representatives will take up the boehner measure. that is the measure that will include a balanced budget amendment to make it more palatable for conservative members who did not quite fine it their cup of tea. the tea partyers were not fond of it and even if john boehner gets the vote what happens after that? harry reid has all but said he will table it, and it is not going anywhere, and he has his own plan in the senate which will be introduced this weekend, which is not palatable to all of his members and may not make the 60 vote he needs and after the senate would not get any support in the house of representatives. so we are at loggerheads. reaction from republican
savings, those are probably phony but here the important thing, no tax increases this is a big development in this budget story. [ talking over each other ] >> neil: you are making the assumption that there isn't an add-oncoming. you are right, the deal itself, [ talking over each other ] >> neil: don't jump the again. more than a trillion coming out of the wars. republicans have factored in that math as well. do you think given your point of view, that others will jump onboard of as the best thing out there? >> i think this is the basis for a deal. we have to jiggle the numbers, you are right. a lot of numbers in reid's budget proposal are phony. i think it is significant. weeks ago, harry reid put forward a budget with two trillion of tax increases, now he's at zero, that's a big deal. >> neil: we've been mentioning the markets and how they've held on. is that because they are factoring in a deal at the last minute or that they are okay, no matter what happens? >> i think the market has come to the perception we will have a deal. i think we are going to get a deal within 48 hours of augu
host has been a big proponent of the national sales tax idea. another buddy of mine has picked up that banner and has run to washington with it, which is good. the thing i'm a fan of is everyone having skin in the game. fan of fair tax, flatf[ tax. this idea that 42% of americans don't pay anything into the problems that president obama and the congress are grappling with now that is morally wrong. >> neil: 51% are eligible taxpaying families pay no income tax at all. having said that, my only fear is rather than a swap out they are an add on. >> that can be the problem that's happened in a lot of states. at the state level. they say we are going to do away with the sales tax and bring in an income tax. they tried to do that in tennessee where i lived and we pretty much stomped them into power and ran the politicians out on a rail that tried to do that. we would under with both rather than either or. on a federal level, as massive a move as that would be, it would have to be a complete shutdown of things as we nope it changes your personal residence, capital gains they go away. i
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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